Orezone Gold (CVE:ORE – Free Report) had its target price lowered by TD Securities from C$1.65 to C$1.40 in a research note published on Wednesday, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.
A number of other equities research analysts have also issued reports on ORE. Pi Financial reduced their target price on Orezone Gold from C$2.45 to C$2.25 and set a buy rating on the stock in a research note on Thursday, October 26th. Raymond James reduced their price objective on Orezone Gold from C$2.00 to C$1.75 and set an outperform rating on the stock in a research report on Friday, October 13th. Finally, CIBC decreased their price objective on Orezone Gold from C$2.15 to C$2.00 and set an outperform rating on the stock in a research note on Friday, October 13th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of Buy and an average price target of C$2.13.
Orezone Gold Price Performance
About Orezone Gold
Orezone Gold Corporation engages in the acquisition, exploration, and development of resource properties. Its flagship property is the 90%-owned BomborÃ© gold project located in Burkina Faso, West Africa. The company was incorporated in 2008 and is headquartered in Vancouver, Canada.
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